U.S. Adds 156,000 Jobs in Sept., Jobless Rate at 5.0%

U.S. Adds 156,000 Jobs in Sept., Jobless Rate at 5.0%

Assessment

Interactive Video

Business

University

Hard

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The video discusses September's labor statistics, highlighting a 2.6% increase in wages from the previous year and a slight rise in the unemployment rate to 5%. The report's implications on economic policies, particularly interest rates, are considered in the context of the upcoming election. The labor market remains solid with increased participation and a longer average work week. Data revisions for previous months are noted, and the potential impact of Hurricane Matthew on future reports is mentioned.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in hourly wages from a year earlier in September?

1.5%

2.6%

3.0%

2.0%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the unemployment rate in September?

4.8%

4.9%

5.2%

5.0%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the jobs report affect the Federal Reserve's potential actions?

It led to immediate changes in interest rates.

It increased pressure to raise interest rates.

It had no impact on the Federal Reserve.

It increased pressure to lower interest rates.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the average work week in September?

34.0 hours

34.4 hours

33.8 hours

35.0 hours

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the net change in jobs after revisions for August and July?

Minus 10000 jobs

No change

Plus 5000 jobs

Minus 7000 jobs